Brazil: BRF sees $1.5 billion Halal unit IPO by late March – sources
Brazilian food exporter BRF SA is seeking to raise about $1.5 billion from the sale of a 20 percent stake of a unit logo-1focused on the halal processed food market…
Brazilian food exporter BRF SA is seeking to raise about $1.5 billion from the sale of a 20 percent stake of a unit logo-1focused on the halal processed food market…
BRF said the Dubai-based unit has been renamed One Foods Holdings Ltd, from Sadia Halal, with the goal of building market share in the region.
Brazil has filed a complaint against Indonesia to the World Trade Organization, challenging Indonesia’s halal certification requirements for imported meat.
Brazil, Latin America’s largest market, could export the products to Malaysia to be processed and packaged before being exported to other Asean countries.
The emirate of Dubai wants to be the world center of halal trade and is making an effort to globally unify the market’s procedures.
A delegation from the Dubai Exports agency and business owners from the United Arab Emirates will be in São Paulo on September 19 and 20 to meet with local executives.
Brazilian meat processor BRF has announced plans to set up a subsidiary tasked with strengthening the meat giant’s supply of meat to Muslim consumers.
Brazil showcases its leading global position across the Food & Beverage sector with $728 million of deals at Gulfood.
Saudi Arabia’s Salic investment body has bought a 19.95% stake in Brazilian beef producer, Minerva, for US$188.4m, following the kingdom’s lifting of a ban on Brazilian beef.
Saudi Agriculture & Livestock Investment Co. (Salic) was formed three years ago to improve Saudi food security by investing in agriculture and livestock around the world.